The permits issued under the authority granted under Section 20.36.010
hereinabove shall be conditioned by rules and regulations of the Bureau of Parks
governing use of PIR, and shall include provisions designating the event which
may be staged, the courses and areas to be used and the limit, if any, on the
number of vehicles or persons that may participate in the permitted event. The
permit shall provide that the Superintendent or his authorized representatives
have authority to immediately terminate operations under the permit if permittee
fails to comply with orders and regulations of the Superintendent or his
authorized representatives or the conditions of the permit. The permit shall
require that the permittee lock up and secure the racing facility after each
event. The Superintendent or his authorized representatives may require a bond
or cash deposit to insure compliance with the conditions of the permit. The
permittee shall be required to indemnify and save the City, its officers,
agents, and employees harmless from claims for damage to persons or property
resulting from the use of PIR under the permit.

The Superintendent or his authorized representatives may, depending upon the
nature of the event, require the permittee to furnish evidence of liability
insurance covering his operations under the permit, which insurance shall
provide coverage of not less than $100,000 for personal injury for each person,
$300,000 for personal injury for each event, and $50,000 property damage. The
City, its officers, agents, and employees shall be named as additional insureds.
Such evidence of insurance shall be in form satisfactory to the City
Attorney.